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A few years ago, if you had a bankruptcy or a foreclosure on your credit report, you could forget about trying to get a mortgage loan. If you were lucky enough to find someone who would finance you, your interest rate would be through the roof and plan on putting 10-20% down.But today, this is not the case. There are
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Purchasing a new home after a recent or past foreclosure is
easier than you may think. Some previous homeowners are hesitant
to apply for a mortgage. Considering their history, many assume
that mortgage lenders will immediately deny their loan request.
On the contrary, numerous lenders offer mortgages and loans to
individuals with damaged credit. Hence, obtaining a new home
loan is within your reach.
Ways to Quickly
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In teaching workshops on how to buy foreclosure homes (often listed on a foreclosure auctions report), I often write on the markerboard in big bold letters, "Gain They're Trust to Close More Deals".
The principle of gaining the trust of the homeowner threatened with foreclosure is a deal-maker. If they trust you, they are more likely to accept your offer.
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Latest South Carolina Real Estate Foreclosure News
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A Real Estate Rebound: Lake Keowee IT Guru Helps Agents Prepare to Respond
A new, Web-based company has gone live to help real estate professionals and prospective buyers navigate the cluttered marketplace for Lake Keowee real estate, just in time for a projected rebound of the national real estate market.Seneca, SC (PRWEB) February 07, 2012 A new, Web-based company has gone live to help real estate professionals and prospective buyers navigate the cluttered ...
Tue, 07 Feb 2012 00:17:01 -0800
Inman News Names Chattanooga One of Top 10 Real Estate Markets
Inman News named Chattanooga one of the top 10 real estate markets to watch this year. And local real estate agent Brandi Pearl Thompson said her first thought after seeing the list was, “It’s about doggone time.”
Wed, 01 Feb 2012 11:52:19 -0800
American Foreclosure Bottoms at Atlanta Tower Auction: Mortgages
The U.S. foreclosure crisis has risen to new heights.
Wed, 08 Feb 2012 06:33:07 -0800
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